Odisha Can Produce 100mt of Steel By ’31

Odisha Can Produce 100mt of Steel By ’31
14/06/2018 , by , in ALLIED

Union Minister for Steel Chaudhary Birender Singh visited Kalinganagar and interacted with MDs or CEOs of major steel producing units there. Officers from the Central and State Governments were present in the meeting.

Singh stated that India has become the second-largest steel producing nation in 2018. In 2017-18, the country produced over 100 million tonnes of steel. The Indian steel industry has come out of the difficulties faced during 2014-15 and 2015-16 due to various policy interventions by the Government of India. He said Odisha is a major steel producing State contributing more than half of steel production in the country. Odisha is rich in minerals and mines and has a potential to produce 100 MT of steel out of 300 MT envisaged in National Steel Policy by the year 2030-31.

Representatives of the steel manufacturers talked about iron ore availability and mentioned about the increased need for utilising iron ore fines for pellet manufacturing so that precious iron ore can be preserved.

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